Author Topic: House Slaps US Gov’t With Lawsuit Against Obamacare Bailout Of Insurance Companies  (Read 285 times)

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House Slaps US Gov’t With Lawsuit Against Obamacare Bailout Of Insurance Companies
Photo of Robert Donachie
Robert Donachie
Finance Reporter
3:36 PM 10/14/2016
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U.S. Speaker of the House Paul Ryan (R-WI) holds a news conference on Capitol Hill in Washington March 17, 2016. REUTERS/Gary Cameron/File photo   U.S. Speaker of the House Paul Ryan (R-WI) holds a news conference on Capitol Hill in Washington March 17, 2016. REUTERS/Gary Cameron/File photo

The U.S. House of Representatives filed an amicus brief against the federal government Thursday, targeting insurance companies who want Obamacare bailouts.

It’s difficult, almost impossible, to imagine a situation in which Obamacare could get any worse: 16 healthcare co-ops went belly-up, the Tennessee Health Commissioner is saying the state’s Obamacare exchanges are “very near collapse,” and analysts cannot fathom a positive future for the system in either the short or long-term. (RELATED: Obamacare ‘Near Collapse’ In Tennessee, Says Insurance Regulator)

Read more: http://dailycaller.com/2016/10/14/house-slaps-us-govt-with-lawsuit-against-obamacare-bailout-of-insurance-companies/#ixzz4N9vpQUht